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Segment Information (Tables)

3 Months Ended

Mar. 31, 2020

Segment Reporting [Abstract]

Schedule of analysis of business segment information and reconciliation

An analysis of our business segment information and reconciliation to the accompanying Condensed Consolidated Financial Statements is as follows:

	Global RIM Business				Global Data Center Business				Corporate and Other Business				Total Consolidated
For the Three Months Ended March 31, 2020
Total Revenues	$	956,419			$	67,357			$	44,955			$	1,068,731
Storage Rental	590,013				64,595				28,939				683,547
Service	366,406				2,762				16,016				385,184
Depreciation and Amortization	112,212				35,267				15,105				162,584
Depreciation	79,039				21,908				12,753				113,700
Amortization	33,173				13,359				2,352				48,884
Adjusted EBITDA	391,972				30,895				(59,790		)		363,077
Total Assets(1)	10,552,140				2,538,401				475,795				13,566,336
Expenditures for Segment Assets	176,500				43,560				12,357				232,417
Capital Expenditures	41,698				43,089				12,357				97,144
Cash Paid for Acquisitions, Net of Cash Acquired	118,069				—				—				118,069
Acquisitions of Customer Relationships, Customer Inducements and Contract Fulfillment Costs	16,733				471				—				17,204
For the Three Months Ended March 31, 2019
Total Revenues	$	945,883			$	61,536			$	46,444			$	1,053,863
Storage Rental	575,773				59,718				27,483				662,974
Service	370,110				1,818				18,961				390,889
Depreciation and Amortization	116,055				31,632				14,796				162,483
Depreciation	82,925				19,013				12,673				114,611
Amortization	33,130				12,619				2,123				47,872
Adjusted EBITDA	365,836				26,011				(67,341		)		324,506
Total Assets(1)	10,785,331				2,310,001				599,002				13,694,334
Expenditures for Segment Assets	123,157				153,705				15,238				292,100
Capital Expenditures	51,490				121,557				11,718				184,765
Cash Paid for Acquisitions, Net of Cash Acquired	35,903				—				3,520				39,423
Acquisitions of Customer Relationships, Customer Inducements and Contract Fulfillment Costs and third-party commissions	35,764				32,148				—				67,912

_______________________________________________________________

(1) Excludes all intercompany receivables or payables and investment in subsidiary balances.

Schedule of reconciliation of Adjusted EBITDA to income from continuing operations

A reconciliation of Adjusted EBITDA to income (loss) from continuing operations on a consolidated basis for the three months ended March 31, 2020 and 2019 is as follows:

	Three Months Ended  March 31,
	2020				2019
Adjusted EBITDA	$	363,077			$	324,506
(Add)/Deduct:
Provision (Benefit) for Income Taxes	9,687				10,553
Other (Income) Expense, Net	(42,726		)		15,210
Interest Expense, Net	105,649				102,436
(Gain) Loss on disposal/write-down of property, plant and equipment, net	(1,055		)		602
Depreciation and amortization	162,584				162,483
Significant Acquisition Costs	—				2,746
Restructuring Charges	41,046				—
Intangible impairments	23,000				—
Income (Loss) from Continuing Operations	$	64,892			$	30,476

Schedule of revenues by product and service lines by segment

	Three Months Ended  March 31,
	2020				2019
Adjusted EBITDA	$	363,077			$	324,506
(Add)/Deduct:
Provision (Benefit) for Income Taxes	9,687				10,553
Other (Income) Expense, Net	(42,726		)		15,210
Interest Expense, Net	105,649				102,436
(Gain) Loss on disposal/write-down of property, plant and equipment, net	(1,055		)		602
Depreciation and amortization	162,584				162,483
Significant Acquisition Costs	—				2,746
Restructuring Charges	41,046				—
Intangible impairments	23,000				—
Income (Loss) from Continuing Operations	$	64,892			$	30,476

Information as to our revenues by product and service lines by segment for the three months ended March 31, 2020 and 2019 are as follows:

	Global RIM Business				Global Data Center Business				Corporate and Other Business				Total Consolidated
For the Three Months Ended March 31, 2020
Records Management(1)	$	727,616			$	—			$	28,876			$	756,492
Data Management(1)	125,898				—				16,079				141,977
Information Destruction(1)(2)	102,905				—				—				102,905
Data Center	—				67,357				—				67,357
Total Revenues	$	956,419			$	67,357			$	44,955			$	1,068,731
For the Three Months Ended March 31, 2019
Records Management(1)	$	701,098			$	—			$	32,298			$	733,396
Data Management(1)	133,102				—				14,146				147,248
Information Destruction(1)(2)	111,683				—				—				111,683
Data Center	—				61,536				—				61,536
Total Revenues	$	945,883			$	61,536			$	46,444			$	1,053,863

_______________________________________________________________

(1) Each of the offerings within our product and service lines has a component of revenue that is storage rental related and a component that is service revenues, except for information destruction, which does not have a storage rental component.

(2)

Includes secure shredding services.

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- Definition

Tabular disclosure of the reconciliation of adjusted EBITDA to income before provision (benefit) for income taxes on a consolidated basis.

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Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information.

+ References

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-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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